Thursday, June 30, 2011

Republicans may be slowing the recovery on purpose to hurt President Obama's reelection chances in 2012, Democratic Sen. Chuck Schumer said in a speech on Thursday.

The speech made explicit a message Democrats have been hinting at for weeks: Republicans are hurting the recovery with their focus on spending cuts, and it may be an attempt to slow "down the recovery on purpose for political gain in 2012."

"Now it is becoming clear that insisting on a slash-and-burn approach may be part of this plan -- and it has a double-benefit for Republicans," Schumer (D-N.Y.) said. "It is ideologically tidy and it undermines the economic recovery, which they think only helps them in 2012."

As proof, Schumer referenced remarks by Senate Minority Leader Mitch McConnell (R-Ky.), who said last year his main aim was to make Obama a one-term president.